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Core-stable rings in auctions with independent private values

✍ Scribed by Omer Biran; Françoise Forges


Book ID
116506344
Publisher
Elsevier Science
Year
2011
Tongue
English
Weight
222 KB
Volume
73
Category
Article
ISSN
0899-8256

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Asymmetry in first-price auctions with a
✍ Sandra Campo; Isabelle Perrigne; Quang Vuong 📂 Article 📅 2003 🏛 John Wiley and Sons 🌐 English ⚖ 416 KB

## Abstract Collusion and heterogeneity across firms may introduce asymmetry in bidding games. A major difficulty in asymmetric auctions is that the Bayesian Nash equilibrium strategies are solutions of an intractable system of differential equations. We propose a simple method for estimating asymm